Finance Information

Gym Equipment Financing

If you're looking for high-quality cardio, strength or functional fitness equipment, but you're working to a strict budget - it's worth considering financing the equipment. Financing can help make the purchase more manageable - you're able to spread the payments over a number of months, making it more affordable in the short-term.

To make things simple, we've partnered with Deko to offer a quick and easy application procedure.

Simply add the gym equipment you want to your shopping basket, and select the financing option. The short application form is straightforward, and you'll get a decision right away. It's simple!

Deko Finance Eligibility

You'll only be considered for finance if you:

  • Are at least 18 years old.

  • You have a gross annual income each year of more than £5,000.

  • Are a permanent UK resident and have lived in the UK for at least 3 years.

  • Have a UK bank account capable of accepting Direct Debits.

  • You are not currently bankrupt, subject to an Individual Voluntary Agreement (IVA), or have any County Court Judgments (CCJs).

  • Provide an email address so your documentation can be emailed to you.

Pay Monthly Gym Equipment

If you're approved, your Deko finance agreement will allow you to spread the cost of your purchase over a period between 6-48 months (whatever works for you). You'll be able to choose from a range of repayment options, so the monthly amount you pay is always manageable.

The loan amount should be greater than £500, and you can choose a deposit of up to 50% of the goods' value.

We offer financing deals on most of our pieces of equipment, from treadmills, to cross trainers, and even dumbbells:

Treadmill on Finance

 

We believe that working out should be accessible to everyone, which is why we offer financing on our fantastic range of treadmills. You can choose to pay for your treadmill in monthly instalments over a period of 6-48 months, making it more affordable and easier to manage.

You can also choose the amount you'd like to finance, so the treadmill financing options are completely tailored to your needs - it's easy to get started!

Cross Trainer Pay Monthly

If you're looking for a cross trainer that offers a great cardio workout either for home or commercial use, look no further than our financing deals. Cross trainers have become an essential part of commercial gyms - due to their wide accessibility. So don't miss out on providing your customers with the best cardio machines with our financing options.

Exercise Bike Pay Monthly

 

We know that exercise bikes are a popular choice for people looking to improve their fitness which is why we offer financing on our range of exercise bikes - so you can get the perfect bike for your needs, and spread the cost over a period that suits you.

Pay Monthly Weights

Not only do we offer great financing deals on our cardio equipment, but we also have options on our strength equipment and weights. This means that you can now get the perfect set of weights for your home or commercial gym, and pay for them in monthly instalments over a period that works for you.

Finance Calculator:

Use our finance calculator at the bottom of the page to check the impact of various loan values, terms and interest rates on the total amount you need to pay and the monthly repayments.

Representative examples could be based on the below:

0% finance over 12 months

  • Total order value = £1,200

  • 10% deposit = £120

  • Total amount of credit = £1,080

  • Duration = 12 months

  • Representative APR = 0%

  • Interest charged = £0

  • 12 monthly payments of = £90

  • Total amount payable = £1,200

  • 9.9% finance over 24 months

  • Total order value = £1,200

  • 10% deposit = £120

  • Total amount of credit = £1,080

  • Duration = 24 months

  • Representative APR = 9.9%

  • Interest charged = £109.83

  • 24 monthly payments of = £49.58

  • Total amount payable = £1,309.83

Paying with finance

Simply add the purchases to your basket and select Deko at checkout. You’ll then be taken to the application form, which takes just a few minutes to complete.

Finance decision

Your application will be assessed based on eligibility, credit history and affordability and Deko will let you know the outcome in just a few seconds. It’s important to know that when applying for finance, a soft credit check is carried out and only once all security checks have been completed and your deposit has been paid, will a hard credit check be made - which is recorded on your credit file.

Once approved, Deko will let you know who the lender is and provide you with their full contact details. You then just need to digitally sign your credit agreement, pay your deposit and wait for your order to arrive.

In a few cases, your application may be referred to a lender for manual assessment and you’ll be notified by email of the credit decision within 24 hours. If you’re not approved for finance it could be for a variety of reasons and the lender will be able to give you more information.

Repaying the loan

Your first direct debit payment will be taken approximately 15 to 30 days after you receive your purchase. This will show on your statement as a payment to your lender. You have the right to repay all or part of the loan early at any time.

Cancellation

There's a 14-day cooling off period where you can withdraw from the credit agreement after signing your documents. If you wish to do this please contact us (your retailer) directly. We can cancel the application on your behalf. There is no need to contact Deko or your lender.

A payment plan doesn't affect our standard refund and returns policy. Just contact us and we’ll cancel your application and the lender will refund your deposit and let you know of any outstanding balance if applicable.

Deliver Your Purchase

Once you’ve been approved for credit, your order will be delivered as soon as possible. You may need to provide a signature on delivery.

For any other questions contact us on telephone or email.

Tel: 01733 204430

Email: sales@ukgymequipment.com

Legal Information:

UK Gym Equipment Ltd. is authorised and regulated by the Financial Conduct Authority, register number 800888 and act as a credit broker and not a lender. Finance is provided through the Deko platform by Omni Capital Retail Finance Limited. Omni Capital Retail Finance Limited is authorised and regulated by the Financial Conduct Authority (register number 720279).

Deko is a trading name of Pay4Later Ltd which acts as a credit broker and not a lender. They are registered in England and Wales (company number 06447333) and authorised and regulated by the Financial Conduct Authority (register number 728646). For more information please go to www.dekopay.com/support or visit www.dekopay.com

Business Leasing

We've also partnered with a range of leasing companies that can offer business leasing and hire purchase options over longer terms. Business leasing options are available on all new and refurbished equipment. There is no minimum/maximum purchase for business leasing applications but all finance offers would be subject to status.

If you would like to get a quote on our business leasing options, please contact the sales team and we'll be happy to help.


Complete the details below and click "Calculate" to view finance options...

£

Option 1

0%

representative APR over 6 months


£.
Monthly Repayment
  • Deposit: £
  • Total Repayable: £
  • Total Interest: £
This option is only available for loans between £ and £

Option 2

0%

representative APR over 9 months


£.
Monthly Repayment
  • Deposit: £
  • Total Repayable: £
  • Total Interest: £
This option is only available for loans between £ and £

Option 3

0%

representative APR over 12 months


£.
Monthly Repayment
  • Deposit: £
  • Total Repayable: £
  • Total Interest: £
This option is only available for loans between £ and £

Option 4

0%

representative APR over 24 months


£.
Monthly Repayment
  • Deposit: £
  • Total Repayable: £
  • Total Interest: £
This option is only available for loans between £ and £

Option 5

9.9%

representative APR over 24 months


£.
Monthly Repayment
  • Deposit: £
  • Total Repayable: £
  • Total Interest: £
This option is only available for loans between £ and £

Option 6

9.9%

representative APR over 36 months


£.
Monthly Repayment
  • Deposit: £
  • Total Repayable: £
  • Total Interest: £
This option is only available for loans between £ and £

Option 7

9.9%

representative APR over 48 months


£.
Monthly Repayment
  • Deposit: £
  • Total Repayable: £
  • Total Interest: £
This option is only available for loans between £ and £
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